JRJâs growth capital, direct operational involvement, strategic vision and global contacts will allow MAREX to further enhance its strong position in the commodities brokerage industry.
Jeremy Isaacs, Co-Founding Partner of JRJ, said: âMAREX is already a leader in a dynamic, growing market and is run by a great management team. Weâre delighted to partner with this excellent company.â
Mark Slade, CEO of MAREX, said: âThis is a new era for MAREX. The partnership with JRJ represents a very positive development for MAREXâs clients and employees. The members of JRJâs team possess a highly relevant skill set and have superb track records in building and managing complex financial services businesses. Iâm excited about developing MAREX into a world-class financial institution with their expertise and support.â
Louis Hanover, Chief Investment Officer of Marathon Asset Management, said: âMarathon takes pride in its contribution to the success of MAREX since our purchase of the company in 2006. During our ownership, MAREX has enjoyed substantial growth and is well positioned to succeed in further growing and strengthening its market position. As a firm, we are excited to partner with JRJ and we look forward to supporting their team and MAREX management as they lead the company into its next phase of expansion.â